Sisy Qu Of EXP Realty Facilitates $2.2M Multifamily Sale In Cambridge, MA
24 Callender Street, 26 Callender Street & 265 Callender Street
$2,200,000
$169/SF
Building Size
13,002 SF
Asset Type
MultiFamily
Closing
Mar 28, 2024
AI
24-26-26.5 Callender St. in Cambridge, MA, is a multifamily property that was sold for $2.2 million. The property comprises two well-maintained two-family homes on one lot in the Riverside area, spanning a total of 4,334 square feet with a price per square foot of $508.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 24, 26 & 26.5 Callender Street
- Market: Cambridge, MA
The transaction was facilitated by Sisy Qu from EXP Realty representing the buyer and Alison Socha and Linda O'Koniewski from Linda O’ & Alison Group at Leading Edge Real Estate representing the seller. The sale presented a unique investment opportunity in a desirable location.
Players
Rome MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93